As you can see, Chrysler has unveiled the new convertible version of its next generation Sebring line. Chrysler Sebring Convertible offers 3 automatically latching convertible top options: vinyl, cloth and a body color painted steel retractable hard top, effected pushing a button on the key fob. It is a very interesting model.

Car makers are unveiling drastic cutbacks as the collapse in the new car market accelerates.

Chrysler CEO Bob Nardelli has announced plans to slash Chryslerâ€™s white-collar workforce by a quarter between now and the end of the year. Around 4500 jobs will be cut via voluntary redundancies and “buy outs”.

A story about Wayne Rooneyâ€™s carsâ€¦

Itâ€™s time for me to present you Wayne Rooneyâ€™s cars. Wayne Rooney (for all of you who donâ€™t know anything about sport) is a famous football player at Manchester United and England national team and turned into a vivid collector of cars. In its collection there are cars like: Cadillac Escalade, a BMW X5, a Nissan Primera, 4×4 cars, a Â£30,000 Mercedes SLK, Audi TT, Chrysler 300C, BMW M3 and for itâ€™s 19th birthday received a Â£60,000 Porsche 911. Interesting collection, donâ€™t you think?

The German auto company, DaimlerChrysler announced that it finalized the selling of the majority package to its American division to a company of Cerberus Capital Management investments fund.Cerberus Capital Management must pay $ 10.1 milliards for 80.1% from Chrysler. â€œIt is a new chapter in our company historyâ€, said the DaimlerChrysler president, Dieter Zetsche.